At a Glance
Average Property Price - TN39
£400,231
67
National percentile
Average Monthly Rent - TN
£1,342
71
National percentile
Average Net Household Income - TN39
£36,891
43
National percentile
Flat / Maisonette Yield - TN
5.4%
42
National percentile
10-Year Annualised Price Growth - TN39
3.9%
63
National percentile
10-Year Annualised Rent Growth - TN
4.2%
69
National percentile
Property Price & Volume Trends
The latest average property price in TN39 is £400,000, positioning it above the national mid-point. Over the past decade, the district has experienced annualised price growth of 3.9%, slightly ahead of the national average. Transaction volumes have declined notably, with 370 sales recorded in the latest full year compared to a 10-year average of 566 annually.
Rent & Yield Trends
Average monthly rents in the wider TN area stand at £1,342, placing them among the higher-priced rental markets nationally. Rental growth over the past decade has averaged 4.2% per annum, outpacing the national rate of increase. The current flat yield of 5.4% represents a meaningful uplift from the 10-year average of 4.6%, signalling strengthening investor returns.
Income & Affordability Trends
Average household net income in TN39 is £36,891, slightly below the national average. The price-to-income ratio has widened materially from 9.0x in 2016 to 11.0x today, indicating that property affordability for owner-occupiers has deteriorated over this period. Rental affordability has similarly worsened, with rent consuming 31.9% of household income compared to 28% in 2016.
Resident Demographic Profile
The population skews significantly older, with over a third aged 65 and above—nearly double the national average—and notably fewer residents aged 16–24. Housing tenure is heavily weighted towards outright ownership at 53%, well above the national norm, reflecting the prevalence of retirees. Employment is characterised by a strong presence of managers and caring professions, though professional and technical roles are somewhat underrepresented relative to national patterns.